Conrad, H. (2012) Economic System and Welfare Regime Dynamics in Japan since the Early 2000s-The Case of Occupational Pensions. Journal of Social Policy, 41. pp. 119-140. ISSN 0047-2794
Abstract
This article discusses significant changes of Japanese occupational pensions since the early 2000s. Our analysis shows that these schemes have been key components of policies to promote private welfare provision and have been highly compatible with human capital investment strategies that are based on long-term employment relationships of regular workers. However, since the 1990s, occupational pensions have come under increased pressure due to underfunding problems caused by depressed stock markets and changes in accounting standards that made these underfunding problems apparent. In response to these challenges, Japanese companies have restructured their occupational pension arrangements. The nature of these efforts can be explained with reference to existing institutional complementarities with the economic system on the one hand and changes in the cost–benefit calculations of employers, employees and the civil service on the other hand. Whereas complementarities, especially with human resource management factors, have ultimately defined the limits of these changes, an actor-centered analysis helps to explain the particular nature of changes within these boundaries.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2011 Cambridge University Press. Article available under the terms of the CC-BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/). |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > School of East Asian Studies (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 22 Jan 2016 10:45 |
Last Modified: | 30 Apr 2020 08:38 |
Published Version: | http://dx.doi.org/10.1017/S0047279411000535 |
Status: | Published |
Publisher: | Cambridge University Press |
Refereed: | Yes |
Identification Number: | 10.1017/S0047279411000535 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:93595 |
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